people who wanted president obama desperately to be re- elected, there is a little bit of sense of magic tonight as that re-election has apparently happened. right now they are waiting, hoping for the man of the hour, president obama to step to the stage and give the acceptance speech. perhaps in that speech, he may recapture some of that magic from 2008. even so the results tonight, e results tonight are what they were looking for. you see the american flag. you see the thousands who have gathered and you see the joy on the faces of those who supported president obama. bruce johnson is now live at u street downtown washington, d.c., where some of that same excitement is going on in our own hometown. bruce? >> reporter: derek, right now i'm outside of bus boys and forest. [ cheers and applause ] >> 14th and b. [ cheers and applause ] >> this entire group, they waited inside at one point. they're crazy. [ cheers and applause ]

>> four more years! for more years! four more years! four more years! >> this is part of that young group that they said wouldn't show up again after four years. they were out here and they claimed their numbers were at the polls. they think they made a difference out here. were you ever in doubt? >> yes, and it was frightening as hell. >> right. were you ever in doubt? >> no, no. no. >> were you always confident? >> always. it was close, but we had it. we had it. we had it. >> okay, they were confident. we know there were a lot of people not so confident. they listened to the media, especially cable television, derek. but this place was electric. [ cheers and applause ] >> what are you thinking? what does this mean to you?

>> i'm overwhelmed, man. this means so much. i can't tell you. >> how do you think he won? how was it he won when everybody came out and said the economy was the number one issue? how is it they pulled this out? >> hope, faith and perseverance. >> okay. all right, back here. >> reporter: they do love this president. >> all right. bruce johnson with perhaps the toughest job tonight. thank you, bruce. anita. >> going back to critical issues in maryland that are still too close to call, the comptroller is joining me. we are talking about issue 7. gaming. something you have been a vocal

opponent of from the beginning. why? >> yes. first let me congratulate president obama for winning. my view of the national politics is we need tomorrow to start coming together as a country. this campaign between republicans and the democrats, sure there are differences but we are one country and one state. let's start to coming to th. >> need to -- coming together. >> need to get past the gridlock in the senate as well. >> yes. it is a very closer collection. i have been opposed to gaming because i'm concerned that this tsunami of special interest money from out of state casino companies coming into maryland is going to really tilt the state in the wrong direction. almost 100 $100 million has been spent on both sides of this gambling issue. i have said it is not going to

produce jobs, it is not going to produce revenue. it is not going to produce increased education funding anywhere near what the promises are and we should look to virginia which has a strong economy with no gambling and mimic them. focus like a blazer relentlessly on the state's assets and build jobs around the strengths of maryland. but not through this gambling point. and what really troubles me right now is the amount of money that's come in. >> again, there was also this feeling of the opponents getting money from west virginia casinos who didn't want to see it happen. there was a feeling maryland might lose out and i know among moms, they didn't want to lose out on a potential funding source for their kids. >> the only people benefitting from this are the casino owners. the promises about money and

revenue and jobs, it has been a pack of lies over the last 4 years. now we have another issue that's come in, whiches the -- which is the amount of special interest money. i'm particularly troubled as kovrm troller they have -- comptroller they have their hooks in annapolis and we will see a corrosive impact and a take over by the political system. >> very quickly your thoughts on some of the other key issues in maryland up for vote tonight. >> 6 i hope passes and 4 looks like it is ahead. so, more power to that. i think that will be an improvement for the state. but thank you for talking for a few minutes about gambling and main thing for people is just keep an eye on this amount of money that's coming in to influence the political process and the fact it is not going to help our economy. >> thank you for your thoughts on that. still too close to call at this

point. derrick. thank you anita. we have a winner in the virginia u.s. senate race. democrat tim kaine defeats george allen. now, andrea ma karen is with the -- andrea ma karen is with -- mac karen is with them. and sadie is with the democratic party. >> reporter: yeah. people were cautious coming in. it took a while to develop. tim kaine is finishing up his victor speech. there he goes. thanking everybody. i don't know if you can hear me. but the crowd is very excited. tim kaine hugging congressman bobby scott right there. and to the far right i'm not sure if you can see him, but it is his father-in-law.

obviously even very excited -- everybody excited. it was a hard fought, tight race. $80 million. the most expensive senate race this year. lots of negative ads. 50 million of that money came from outside sources. and governor kaine said they fought against the negative advertisements. everybody very excited. tim kaine talked a little about his missionary work. he took a year off from college and went and lived in honduras where he went to missionary for a year. talked about how that affected his political career. he said in honduras where he lived people couldn't vote. he says it affects you when you live in another country and

people can't vote. you realize how important that is. here he is a victory tonight. taking the place of u.s. senator jim webb who retired, beating governor george allen. so, it is a very exciting fight. it was down to the wire. really unpredictable until the very last minute here. we are still looking at the presidential race here in virginia. whether obama is going to pull out a win in this state as he did in 2008. that of course was the first time a democrat won the presidential race in virginia since 1964. so, things are breaking up a little bit. very, very happy people here. both president obama has been re-elected and also governor tim kaine now elected to the united states senate. you see senator warner up there

on stage. mark warner. a huge supporter of kim cane. he was out on the -- tim kaine. he was out on the campaign trail. we talked to him earlier today. he is very excited. his family is there with tim kaine's family. tim kaine had his children here. everybody breaking up now. as they go out to celebrate. probably go out to crash because everybody's pretty tired after this very long race. i do have brian moran if you can hear him. i want to ask you about this senate race and how do you think it is that tim kaine pulled out the win. >> people know tim kaine. people like tim kaine. all negative ads didn't work because they know tim. he is a man of intellect, integrity and character. he will make a great united states senator. so, those negative ads didn't work. and tim worked hard and won. it is a great night.

>> reporter: how about virginia and obama? what is your prediction? >> well, we could still win it. we are still waiting on some more sweep states. but he has a slight lead in the last report i saw. it could be a really big night. >> reporter: a little anticlimatic. >> right. we want -- >> reporter: a little anticlimatic -- >> we want him to win virginia. >> reporter: thank you for your time. back to you. >> peggy fox, thank you. speaking of happy crowds, let's take a live look back in chicago where they are waiting for president barack obama to accept four more years as president of the united states. virginia, florida still too close to call. but he has the electoral votes.

he needs 274 to mitt romney's 243. both with 49%. only several hundred thousand votes now separating the president from mitt romney in the popular vote. he's clearly won the electoral vote and there's so much anticipation in chicago for his acceptance speech. >> the loser will come out and give the concession speech first. so, i'm sure president obama is awaiting mitt romney to accept forward and acknowledge he has been defeated and then president obama comes forward and says hopefully in a gracious way, that he has won. we are looking live at the stage in boston, as a matter of fact, where the crowd, a lot more subdued as you might expect is awaiting mitt romney to step forward and at some point i suspect soon, we will hear from the former governor of massachusetts who as we said is in boston. he will come forward to acknowledge he has been defeated despite running a very tough and hard campaign against an incumbent as has been noted many

times, this is the first time since franklin roosevelt has been re-elected with unemployment this high. but here we are. >> that was a key issue in the exit polling tonight, derek. people talking about the economy and trying to find a best way forward. there were so many undecided voters who are trying to decide do we stick with the current course. is it change that we need. the economy and its progress out of one of the worst recessions we have ever seen. a key issue in this undecided women voters. so many elements we didn't even have 4 years ago. >> we talked about how close the election would be. if the numbers hold up and just perhaps president obama gets florida or virginia, the electoral numbers will not be close at all. let's go back down to bruce johnson who is hanging out with the crowd just as excited as the

crowd in chicago. bruce. >> reporter: we are going to take you to an impromptu party. hello there. how are you. [crowd yelling]. >> reporter: some of the same people out here 4 years ago saluting barack obama's win. [audio indiscernible]. [crowd yelling]. >> reporter: talk to me. how do you feel? >> i'm ecstatic. i'm so proud of my country. i can't believe we did it.

yes we can! yes we can! yes we can! >> reporter: what do you think was the key? how did he pull it out? [audio indiscernible]. >> reporter: i can feel the love but i can't hear a word that you are saying. [laughter]. >> going in the right direction. america loves what obama is doing for our country. he has it going for us and we just hope everyone can work together and unite this country together. >> reporter: thank you very much. [crowd yelling]. yelling]. >> all right. that's the celebration in the

heart of washington, d. c. and urban areas and places where there was a lot of diversity and put president obama over the top in this election. when you look at the vote count it will show that president lost with white men but won big with latinos and huge with african americans and was able to use the gender gap and won a majority of the women voters. >> the youth vote also critical and so many made their opinions known or facebook and twitter. let's go to kristin. >> reporter: as you can imagine today, twitter, facebook was just blowing up. everybody voicing their opinions, sharing pictures and whatnot. i'm joined by web producer simon lamb. this is called the trends map. it shows you what people are tweeting about. right before it was announced obama has been re-elected, this was empty. now it is completely full with people tweeting. today they got up to about 20 million votes, one of the

largest in political history as you can imagine. i can't even imagine what it is like once that was originally announced. you guys mentioned these pictures in front of the white house. this new program that simon has been working with. you see the pictures in front of the white house and some of these are impressive. they are having a party down there. >> yeah. we have actually zoned in on the white house here. if you click collage, this is going to kind of populate with photos from in front of the white house that have been geotagged by people. unbelievable stuff. >> you see people hanging in trees. the american flag waving. everybody just excited to be a part of this and out there partying. if you go back to the collage of pictures. tons of people out there gathering in front of the white house. it just all kind of exmoded as you can imagine, guys, since the announcement was made about obama. twitter, facebook, everything has been going probably more nuts than all day long. >> it was really unbelievable.

i was monitoring our twitter feed and the energy on line is unbelievable. there were over 20 million tweets sent about election 2012. >> before the announcement. >> right. exactly. and then the whole trends map thing occurred with the map being absolutely. >> remember as you have been hearing derek and anita say, virginia, florida also close to call. there's also the balance of the gay marriage and dream act. so, we will be keeping you constantly up to date if you look on our website, wusa9.com. but also on twitter and facebook. our whole web crew is here and they are updating the information as soon as they get it. simon thanks. i'm kristin berset. anita and derek back to you. >> thank you so much. it was interesting during the debate to watch what was happening trending on twitter and how key the debates were in

all of this, derek. you mentioned that. the debates matter. >> debates did matter. you can argue about whether or not it was the breaking point for this campaign but there's little doubt before that first debate, mitt romney was dead in the water. came back. some would say he got the votes he was going to get anyway because he didn't win. but the fact is he was looking like he was going to lease terribly until that first debate and now the race was at least close when it comes to the popular vote. we are still waiting to sew how it all -- see how it all adds up. i think according to cbs news.com there are still a couple hundred thousand votes separating the two men as president obama has taken the electoral college votes. >> let's take a look at what is happening below the presidential ballot line. so many key issues across the nation and key positions at stake. >> yeah. some interesting things going

on. one of the most closely watched senate races. elizabeth warren has won against scott brown in massachusetts. that is mitt romney's home state and he lost there tonight as well. in missouri, claire mac cast skill cast kill retained her seat. in indiana, that republican congressman who made headlines by appearing to suggest that rape could be part of god's plan. richard mourdock lost. in connecticut, linda mcmahon who spent millions of her own money lost to democrat chris murphy. colorado, a marijuana leaguization initiative -- legalization initiative is doing well there. its supporters cannot exhale yet. still more votes to be counted.

in massachusetts some marijuana piece of ledgelation is also doing well. -- legislation is also doing well. democrats in charge of the senate, republicans in charge of the house, president obama in charge of the united states. we go into the policy fights over the fiscal cliff and budget policy in the months ahead. >> thank you, gary. as we have learned to our sadness over the years, happiness and excitement of an election night victory quickly pales once you have to deal with the tough realities of governing and it is likely to happen even faster this career because the fiscal cliff looms and our federal government will have to do something. will have to figure out a way to make it work because if they don't, we will fall off that cliff and our economy is likely to go with it, with huge spending cuts and tax increases and just about every credible economist says will make a big dent in america's economic growth. tonight is for the celebration. tonight is for the people in the blue states and the supporters

of barack obama to cheer their man and wait for him to come to the stage. >> we have reporters and crews at many local races that have been so key. there are quite a few congressional races going on in maryland and john delaney beat out roscoe bartlett this evening. surae chinn is at delaney headquarters. surae. >> reporter: the crowd is still here congratulating john delaney. right now taking a group photo with all of his supporters right now. a newcomer to politics, challenger to roscoe bartlett who held that seat for 20 years. john delaney, son of an electrician, georgetown law grad. he thanked his family as he accepted his seat and made his

speech up there on the stage. he has four daughters by the way aging 5 to 20 -- ages 5 to 20 years old. a lot of excitement when the news came. the vote was called right before 10:00. and all the folks came down to congratulate him. the race made extremely tight after the district was redrawn to include a big chunk of montgomery county. it turns out that made a huge difference and john delaney says the voters spoke loud and clear today. >> i'm just very excited to have the privilege of representing the 6th district. the election will prove our message got through to all the voters across the 6 districts. >> reporter: he is the projected winner here in the 6th district for the first time in 20 years, a democrat takes hold of

maryland's 6th district seat. back to you. >> that means out of the nine congress members that maryland has -- i'm sorry out of 10, nine will be democrats. also in maryland so many key issues on the ballot voters had to decide. among them issue 7, whether to expand gambling in the state. adding casino tables at several gaming locations and building a whole new casino in prince georges county. with 83% of the precincts reporting, we have 52% of the vote for, 48% against. still a pretty close race. our bruce leshan is at national harbor with some of the supporters of 7. >> reporter: our timing couldn't be worse. they just had the big victory speech. they are going to have fireworks outside in one second. votes still coming in. votes still being counted. still very close for question 7, expanded gaming here in the

state of maryland. but these guys have called it. and i just heard a big boom. and the fireworks are going off now. people are celebrating. you know, there was a lot of questions here about whether this money, tens of millions of dollars, hundreds of millions of dollars in gaming expenditures by people from the state of maryland, in other states, whether that would go to classrooms and schools and healthcare and roads in maryland. they say it will. apparently their argument carried the day and they are overjoyed here at national harbor where they plan to build an $800 million resort casino. back to you. >> so, while it was close and there were millions of dollars spent to defeat this referendum with regard to expanded gaming, the folks that wanted gaming apparently get their way in the state of maryland and in the county of prince georges. >> that is what it looks like right now with 83% of the vote counted. a live look at the crowd

gathering at the fence outside the white house. flags flying. lots of cheers as president barack obama gets ready for four more years in office. >> that is the fireworks bruce leshan just talked about. folks are a little excited about the idea of building a brand new casino. question 7 has been approved by the voters. that means a brand new casino, table games. they told us there will be new jobs and money for schools. we will find out how true that is. >> in particular in prince georges county the idea of new jobs, construction and all of that that would come in with the casino, highly played in the ads and it seemed to resonate with voters in a tough economy. >> and the money they promised the schools. we are back at the white house where so many have gathered and are very excited about the fact president obama has been declared the winner. according to a lot of exit polls, one area, one set of voters who didn't favor this

president were seniors. he took only 45% of those 65 and older in 2008. 42% this year according to the exit polls. a very tough night for barack obama with seniors even though he made medicare a big part of his argument. they apparently weren't buying it. >> in fact, florida that has been a big issue there and it has still been very close as far as to call i believe on the president. and whether he actually will carry florida. seniors very worried about medicare and changes under the affordable care act to the care they currently have. >> a lot of big elections all over the country. we take you to russ ptacek. >> it has been fascinating to watch on twitter and see what the headlines are looking like across the country. this at usa today. simply barack obama re-elected president. the los angeles times is putting up their headline right now. the breaking news they are calling it. obama re-elected president.

the new york times being a little more conservative saying the networks are projecting a second term for obama. in miami, the headline is just simple. obama re-elected. the word is going out. it looks like the next president of the united states is going to be the same president of the united states unless you are watching the new york times and they are not printing that headline for a few more minutes. >> russ ptacek. thank you. we take another look downtown at the white house where thousands are gathering to celebrate the election victory of barack obama. he is in chicago tonight where they are awaiting his victory speech. >> again, he will be waiting for mitt romney to make a concession speech first. it is interesting to note that mitt romney had told supporters -- actually reporters on his plane on the final campaign trip that he had only prepared one speech, a victory speech. even gave the number of words. not sure what he is going to say in this concession but we did understand that the president had both a concession and

victory speech at hand. >> historically concession speeching have been some of the best we have heard from candidates throughout the campaign. john mccain in 2008 very gracious. bob dole, a gracious concession. al gore in 2000 after a very tough race and a loss that had to hurt deeply because he thought he had it won gave a gracious concession to george w. bush. we wait to see if mitt romney can do something similar. these are the fireworks i believe going off in prince georges county where they celebrate the victory of question 7 which means more gambling in the state. but there's the stage in chicago. there's nothing but celebration tonight as president obama has won re-election. >> we are waiting to hear a concession speech from governor mitt romney. but it looks like we are going to have to wait a little longer for that. >> this has been a 9 news now special report. election 2012 is over. we will see you in the morning.

>> pelley: the clock has struck hid night in the east. it is a brand new day. headline is, barack obama has been re-elected president of the united states. we're waiting for the ofcial concession from mitt romney, we haven't heard anything about that yet. that last report he has not placed a telephone call to the president. the republicans who took control of the house of representatives two years ago will be in charge for two more years at least. the democrats will maintain control of the senate. let's have a look at the presidential race for -- this is how it all shook out. there are two states that we still cannot project, florida

and virginia those are too close to call but they cannot make a difference mathematically in the outcome. president obama has won re-election. president obama has 290 electoral votes at this moment. mitt romney 203. it is 270 electoral votes that wins the presidency so president obama well passed that at this point. john dickerson has been analyzing the race, john, i wonder among the people who decided late in this campaign, which way did they break? romney or obama. >> about 9% of the electoral made up their decision in the last few days. there's no rule in politic, is that is much debated whether late deciders break for the incumbent or challenger. romney people insisted they would be the beneficiaries of those late deciders. president obama won that group

51-44. the question then is, was this about the president's performance in dealing with hurricane sandy. there was a lot of speculation how this may have changed the race. governor romney was making a pitch saying i am bipartisan guy that can get things done. the storm came along, president was able to show that he could be effective and how in working with republican governor of new jersey will have to do a little more reporting but for that 9% that may have played a little bit of a role. scott john, thank you. norah, do you think sandy was a helpful octor surprise for the president? >> it appears based on some of the data that it may have been. once number of republicans hear that they're going to be angry at new jersey governor chris christie who some felt helped the president. other people said, these guys were doing their job for a lot of people who were really hurting, who lost their homes, lost their electricity for many people who died as a result of hurricane sandy.

chris christie was effusive in his praise of the president. one point even praising the president for calling him and putting bruce springsteen on the phone so that he could talk to bruce springsteen as governor christie have had a tense relationship in the past. but apparently that has now mend with the help of the president. >> pelley: almost look like running mates in some of these pictures. you rep chris christie giving keynote address at the republican national convention. now standing side by side with the president and praising the president going out of his way. >> you know, this is what public officials are supposed to do. this is what people want them to d. they behaved as we would expect them to. governor christie he was in trouble. he went asked federal government for help, president said i'm on the case. well, he was gracious enough to say, thank you. i think what this is an example of is that doing the right thing is generally pretty good politics, i hope some other

elected official take a lesson from this. i think this is what people want to see. whatever the impact it had on governor romney, i remain to be convinced it didn't have that all of an impact. hats love to both for their -- there were people in trouble out there where the heat was off, they were drowning, these two fellas got together and got them out of it. what's wrong with that? >> pelley: there's going to have to be a lot of soul searching i would imagine among members of the republican party as this new day dawns here on the east coast. now that they lost this election. >> yes. i think one thing that may come out of this doing right thing is good politics i think it was especially good politics for governor christie. because the field is going to be wide open in 2016 as who is going to run for the republican nomination. i would put chris christie right out there in front right now. i think marco rubio would also

be a candidate. i think jeb bush will be a candidate. i wouldn't be surprised with paul ryan is not a candidate next time out. i think you're going to see whole new slate here. >> it's never too early to start talking about the next election. >> pelley: you know that somebody is planning it as we speak. jan crawford is at romney campaign headquarters kind of a solemn mood there this evening, jan? >> well, it is very silent here. we're still waiting on governor romney to give that consection speech. many people expected he would be here quite some time ago, there is no indication there's been any movement for governor romney to this call to address this crowd. i want to go back to something we were talking about. this campaign thought he was going to win. may be taking awhile to sink in. they did according to representatives lose this race they believed they were going to carry it off tonight. they thought it would be positive, told me last night

that already put in place preparations for something tomorrow because -- the romney campaign would be looking forward maybe having some event tomorrow to talk about possible recount, they expected a challenge if this was close. all of this campaign, strain of this campaign going back to heart fought primary that romney endured several challenges, survived that, won florida of course to go on win the republican nomination. in that bruising battle that you all have been talking about the ads, the strain that have then realization that it's over may be just taking awhile for it to sink in. >> pelley: if this follows the normal course of events we would expect governor romney to be making a phone call directly to the president to congratulate him. then see governor romney make concession speech there where jan is in boston. then we would go to where nancy cordes in chicago where we would expect the president to make a

victory speech in front of thousands of people there at the mccormick center. >> white house official confirms that as of a few minutes ago the president had not received a concession call from governor romney. until that happens it appears unlikely the president will get in to his motorcade head here to mcpore mic place to declare victory. he's holed up with his staffers, with vice president biden who has been very busy over the past hour making phone calls, reaching out to democrats who have won re-election in the senate or heading to the senate for the first time. vice president buy den very interesting started out the day in his home state of delaware where he voted and reporter asked him, vice president, do you think this is last time you'll ever vet for yourself? vice president smiled and said, no, i don't think so. of course that got a lot of people thinking, does that mean he's going to run for the presidency himself in four years but later on in the day vice

president joked that maybe he'll go back to delaware and run for city council or something like that. the vice president made a last minute stop in ohio today after the romney come pain '-- campaign that he was going to make stops and paul ryan. vice president buy den dropped in, visited some voters in cleveland, really unusual -- and paul ryan's plane all on the tarmac in cleveland, ohio, then he headed here to chicago. >> pelley: thank you very much, nancy. we want to get a little perspective from our cbs news election consultant, frank luntz who is a pollster for the republican party. frank, this would have been a layup under other circumstances, we've said it before tonight. no president with unemployment rate this high has ever been re-elected since fdr. i wonder what are republicans thinking of where they are

tonight? >> well the strange thing that as bad as this was for the presidential campaign it's been access amongst house races where republicans are holding their own. end up with a net gain which nobody was expecting. in the end, mitt romney was able to prove that he was a problem solver but he was unable to prove that he understood their problems. with the republican needs to pay attention to what i call the empathy quotient. ability to understand, appreciate and communicate that they really get what the average american is thinking and feeling and then they can prove that they can solve those problems. >> pelley: what demographics in the country based on what we know at this point if the republicans nail to reach. who do they need to reach now that they haven't reached tonight? >> well, that's he's he's. first is hispanics, you cannot win national election when you are getting 20-something percent of the hispanic vote. it's not a monolithic community.

you have to reach out to cubans, puerto ricans, dominicans, central americans, that is something that the romney campaign was awnible awnible too do. also women aged 30-49, new moms, young mothers. you can't have gender gap, as norah pointed out, 19% and expect to be elected to a national party. finally it's going to be crucial that they reach out to those who don't identify with any political party. in the end you're going to get your base. victory goes to those who bring in those in the center. >> pelley: frank, cbs news consultant and republican party pollster thank you very much for being with us tonight. cbs news coverage of campaign 2012 election night will continue in just a moment. >> pelley: back now with

election night on cbs. let's have a look at the presidential race map as it stands right now. cbs news projected some time ago that the president would carry the state of ohio, with that, that put president obama over the 270 electoral votes necessary to win the presidency. the president now has 290 electoral votes to mitt romney's 203. states of florida and virginia still have not been projected, vote there is so very close, we have not been able to make a

projection. but if mitt romney won virginia and florida it would not make the difference tonight. president obama has won re-election. but let us show you the tabulated vote in the state of ohio as it exists right now. 81% of the vote in, look at that, 49% to 49%. there is less than 30,000 votes between the two of them with another 19% of the vote yet to count. but based on our exit polling that we have done all over ohio all day long talking to voters cbs news has projected that the president is the winner in ohio. i want to go to our political director john dickerson. john, explain to me with the vote as close as it is in ohio why has cbs news projected that ohio goes to the president? >> because they decided that in looking at places where president needs to do well he's done well.

that in the places mitt romney needed to do extra well he has not done as well as he needed to then the swing areas, the president has won the day. so, in hamilton county, for example, the president is doing well. in lake county which was -- used to be a bellwether has gone for governor romney. it loses its status. but the president, one of the things that was striking in looking at the exit polls i went on a bus tour with the president in ohio. he would talk to the audience and basically say, i'm one of you. i'm fighting for you because i'm one of you. he talked about staying with his mother in howard johnson playing with the ice maker when he was a little kid on vacations they took. how that is what people -- all they wanted was to take a vacation. that was the personal appeal that was connected to the auto bailout which is, i care about you i fought for you that's why in the exit polls you ask voters of ohio which candidate cares about you the president won 84-15. >> pelley: we have projected

the winner in ohio because of what we know about the individual counties. and historical voting trends in those counties and what we know of the tabulated vote in those counties. >> that's exactly right. both what we know about what is happening and what has happened. what's possible in the universe of the possible outcome there is not a possible outcome in which governor romney can win. >> pelley: john, thank you very much. an than on this knee mason has been looking at the polling date from all 50 states. how did the president put it together tonight? >> the first way you can look at this, you look at the battleground board that we followed all night long as you know we began with nine states. these are results we have in, mostly blue. president has won six of those states, they are two toss ups still, virginia and florida. mitt romney won only north carolina. but the real key here, we talked about this before but i've got to go back to it was the economy. this was the number one issue, 60% of the people put it at the top of the list. president obama who was supposed

to be running against an 8% unemployment rate has effectively neutralized that issue. he won 48% on the issue of who would do better job. lost by one point. medicare a big issue. president won that substantially as who would do better job, 52% said president owe been bama. who would you trust to handle international crisis, president won this overwhelmingly 57-49%. but if you go back to the economy couple of things are important here. as the election approached you saw the stock market getting better, saw the job market getting a little bit better, saw the housing market getting better. another interesting point when voters were asked, who mitt romney's policies favored 55% said they favored the wealthy. >> pelley: anthony, thank you. bob schieffer, what do you have there. >> well, one reason we may not be hearing from governor romney he told a television station in denver today that he had

president obama said that he had prepared both victory speech and a concession speech. he said, you always have to have two speeches prepared because you can't take anything for granted. on the other hand, governor romney who was spending the night in massachusetts, said he had written only one speech tonight. he said i just finished writing a victory speech. maybe the reason we haven't heard from him maybe he's busy writing a speech here. >> pelley: we have some information, some original reporting from jan crawford at the romney campaign in boston. about a concession -- jan, what do you have? >> i just heard from one of just heard from one of governor romney's senior advisers. he tells me the governor is not ready to condition seed at this point. they are still obviously seeing something out there they want to make sure before they call the president, before the governor calls the president and then comes here to give that concession speech.

there is some sense by some republicans that ohio could still be in their reach. this could be hope against hope that this thing is not over but at this point, they are not yet ready to concede. however, scott, i have to tell you, this crowd certainly has. there is just a sense of deflation and defeat in this room. what we hear amongst our other reporters in the field who are with the campaign, the staffers, also, very resigned to defeat. a lot of red eyes and gloom and doom as one of our reporters put it in a note earlier tonight. but at this point, the campaign and the governor not ready to concede, scott. >> jan, thank you very much. let's take a quick look at the tabulated vote in the state of ohio. 81% of the vote has been counted. as you can see, it is as close to a dead heat as it can possibly be. but, based on the exit polling that we have done all over the state, and our analysis of the exit polling data, and the comparison to the historical trends in various counties

around ohio, cbs news has projected that ohio will go to the president and that is the race. cbs news coverage of election night 2012 will continue. >> pelley: welcome back to

cbs coverage of election night. the other theme of the welcome back to cbs election coverage. the other theme of the election night is whether the republican party could take back control of the senate. they only needed to pick up four seats more than they started the night with, but it does not appear that is in the cards for the republicans. byron pitts has been keeping up with the senate and house races for us tonight. byron, where does it stand.

>> reporter: at this point it looks like democrats will keep control of the u.s. senate. so no change there. but we no a number of women in the u.s. senate will increase this evening. now going into the night, there were 17 women in the u.s. senate. the most to ever serve at the same time. although two are retiring, the two major parties had 18 women running. that includes six democrats, incumbents, who were seeking reelection. all of them won. they are joined by six other democrats. that includes congress woman tammy baldwin in wisconsin. she could become the first female senator from that state. elizabeth warren in massachusetts, she won there earlier this evening, becoming the first woman senator from massachusetts. now looking at the republicans, in nebraska, deb fisher has won. we could see women holding 20 seat is about the end of the -- by the end of this evening. that would be 1/5 of the chamber or 20%. while that is certainly significant, we all should keep

in mind that women make up 51% of the u.s. population. scott? >> byron, thank you. we want to go to dean 's a bit of reality check. the republicans may be waiting for the returns to come in but in fact secretary of state's office here says that the outstanding returns are coming from urban areas, traditionally democratic areas not rural areas, traditionally republican areas. then there are the provisional ballots which will be counted later. i stress that in 2008 they broke to president obama like 6 to 37%. so governor romney would have to be ahead of president obama at this point right now to have any hope to actually claim the state's electoral votes. >> pelley: thank you very much, dean. you are watching cbs news coverage of election night 2012.

this is a 9 news now campaign 2012 update. and a very good early evening. thank you for staying up with us. for this 9 news election update. well, if you're just waking up, we do have a new president for you. president obama has been elected to a second term as you can see by the numbers on our screen. as of now he has 290 electoral votes compared to mitt romney's 200. all you need is 270 to win the race. >> a live picture now of chicago where they are waiting for the president to make his acceptance speech. you can see the excitement in the crowd. flags waving as they wait for him to accept the role of commander in chief for four more years.

>> they are also waiting right now. this was for a -- check out this crowd in front of the white house. we are supposed to have pictures from down there as well. you can see that despite the late hour, they are a boisterous bunch. very excited to see president obama has won. let's take a look at our own bruce johnson who is down there live even as we speak. bruce? >> i am at 14th. you just turn on a light and you draw a crowd. this is barack obama crowd right here. [ cheering ] >> you say you weren't surprised by the outcome. >> i wasn't surprised. >> what state? you thought what -- when you saw what state come in did you know it was all over. >> when wisconsin came in i thought it was over. >> when wisconsin came in. >> reporter: okay anybody else? >> iowa. >> reporter: anybody else? >> california. >> that accent where are you from? >> i'm australian. i tried to vote today.

>> he tried. he tried. >> as soon as pennsylvania came in i was very optimistic when pennsylvania came in. >> reporter: anybody in pins and needles thinking we would be here until 3:00 or 4:00 in the morning. >> some of these people went to virginia and working and knocked on doors that sort of thing. >> yes, absolutely. we're from virginia and we thank the volunteers from maryland and d.c. >> okay. >> who came out to help. >> i got to be honest. they had the map. they were coloring it in with marker. i saw a lot of red up there and i was like uh-oh. we got that many idiots? i was concerned. but when we got [ singing ] oh- hi-oh celebration oh, oh! >> you're looking live at bruce johnson and live in chicago where this party has just begun. >> as we await the condition

session speechs on the national stage, we have local races to talk about here in washington d.c. incumbent d.c. council member michael brown apparently defeated with 97% of the vote counted. challenger david grasso seems to have edged him out. he had a string of revelations about his finances that didn't set well with voters in d.c. upset over a string of ethical failures by various city leaders '. michael brun out and david grasso is at-large council member in d.c. and benson orange winning reelection in that same race. let's move on to democrat tim caine who met republican george allen. the most expensive in the country. caine will replace jim webb. let's hear from both of the candidates after the results came in. >> tonight, after a very hard- fought contest, we are reminded how closely divided we are here

in virginia, politically. and i'm glad, though, that i got off the side lines. a lot of folks don't like the result of this race, no question about it. but i am very -- [ no audio ] to advocate the ideas and the solutions and the principals that we believe are so -- principles that we believe are so important for the future of our country. >> here's what it means. our victory tonight proves that it is the number of people who stand with you, not the number of zeros behind a check. [ cheers ] >> that decide elections in the united states of america. tim caine taking the congratulations and thanking his supporters after the big win in the virginia senate race. we should note in maryland same- sexes marriage has -- same-sex marriage has won and question 7 that will expand gambling in the state. >> and the dream act.

>> question 4. >> that's right. >> we're going back to cbs news as we await the president's con acceptance speech and mitt romney's concession. >> pelley: if you're just joining us cbs news is projecting that president owe bam has been re-elect. but mitt romney is telling our jan crawford they're not ready toe concede. not given up on ohio which we projected the president has won. our cbs news estimate is that the president has won 290 electoral votes, 20 hoer than he needs for victory. romney has 203. the republicans have maintained control of the house of representatives and appears democrats will still be in charge of the senate in the new 113th congress. have a look at the race map.

270 electoral votes needed. mitt romney with 203. as you can see there are two states that we have not been able to make projections on because the race in those states is too close and we do not have enough information to make a projection. the tabulated vote in v. this is 89%. it doesn't get a whole lot closer than that. president obama with slender, slender lead in virginia as that vote continues to be counted. the other state that we have not been able to project is state of florida. with 28 auto electoral votes. 91% of the vote has been counted. and again, incredibly slender lead on the part of the president. let's have a look at the popular vote this is the national

popular vote and as you can see nearly tied. 49 million for president, 49 million for mitt romney. just almost an exact tie. a lot of votes are still being counted. this will go on probably for several days. we won't know what the exact national tally will be for several more days. but it's interesting that the two men at this point are dead even but that the president has a significant advantage in the electoral vote count which of course is the only count that matters. bob? >> i think it is interesting that we're now seeing barack obama pull ahead slightly. but at least he's pulling ahead. i think from the standpoint of trying to govern, i think even if he wins popular vote by only 10 or 15 votes i think it will be a little easier. he's not going to have a mandate

here. president has been re-elected but nobody has put the stamp of approval on his program. when the vote is this close he's going to have a very, very difficult time. >> pelley: he had 290 electoral votes according to our projection. but in 2008 he won with 365 electoral votes. very different story. >> that's right. it was a very different story. and that's why obama had a large margin of victory in 2008. then he was able to -- that shrunk. did he not have as big a margin as he had in 2008 which was ha seven points he won nationally over john mccain. some interesting trends that are interesting tonight composite of the electorate, number of women that have been elected tolt senate, record number of latinos elected to the house of representatives. there are some other interesting stories that are changing the way politics as even though we have status quo election.

>> this was a tactical victory tonight. >> good point. >> this is what we saw. this was not an election about big ideas about what is america's role in the world going to be. this was a victory by some very clever politicians, i mean -- my hat is off to them. they figured out that they had to define mitt romney under their own terms. and they turned mitt romney rightly or wrongly, while he was talking about fixing the economy they were talking about vacation house that had car elevators. they were talking about trying to keep taxes low for his rich friends. this was a tactical victory. >> pelley: $2 bill one spent on this physical shoot election. no memorable rhetoric as you say here. there are no big ideas no great new direction for the country. >> lot of ads.

>> pelley: lot of ads. >> won't miss those. >> pelley: it was a knife fight between these two candidates and this is what you have. >> i'm sort of interested in now what is going on behind the scenes. what is going on in governor romney's hotel room with his senior advisors right now. what is the calculation that they're making? they're clearly governor not ready to concede. in part because of the state of ohio where they want to see the full vote come in. he fought hard in this campaign and it's very difficult to concede. there's a lot of unhappy americans who voted for mid tonight who probably don't want to concede either. there is calculation going on behind the scenes and obama probably celebrating with family but also wondering when he's going to hear from governor romney. this is the stuff that makes a novel really what is going on right now in each of these camps weighing these numbers and this decision by the country. >> pelley: mitt romney spent six years running for president he's not going to mind if another couple hours go by before he concedes that effort.

anthony mason has been looking at our exit polling information tonight we've been talking to voters in every state all across the country. what are you seeing in that? >> we've been talking about the split nationally in the country. the red and blue split. also an economic split. 55% of the voters in our national exit poll said the u.s. economic system favors the wealthy. we asked voters should we increase taxes and about 47% -- >> pelley: i'm sorry. i just have to interrupt -- i just have to interrupt. bulletin of the moment cbs news projecting that barack obama will be the winner in virginia. this doesn't change the outcome of the race of course but it does add to the president's margin of victory. we've been waiting on virginia all night long. there have been long lines of people waiting to vote in virginia, they kept the polls open long after the 7:00 p.m. eastern time closing.

but virginia now at long last cbs news is projecting for president obama which brings president obama over 300. only needed 270 electoral votes now with this cbs news projection of virginia president obama now 303 electoral votes. mitt romney with 203. anthony i'm sorry to of a interrupted you. but now we'll come back to you, please tell us more about what you learned. >> sure, scott. we much talking about the economic divide we ended up seeing among voters in our exit poll. weep were asking them should we increase income taxes. 47% told us that, yes, we should for people who make $250,000 or more that is what considered to be the wealthy for many people. it's interesting i think we mentioned earlier also that about 55% of the voters we talked to said they thought mitt romney's policies favored the wealthy. here is where you see the real split when you ask voters who they voted for among voters who make less than $50,000.

barack obama wins 60-38%. among voters who make more than 50,000 it flips, mitt romney wins 53-450%. that with the testimony about 60% of the electorate. 41% make 50,000 or less. you see we have split here along economic lines that may have played in to the whole economic issue. >> pelley: thank you very much. cbs news just projected that barack obama will carry the state of v. virginia. and john dickerson our political director here to tell us how that happened. >> remember when we first started talking about virginia, henrico county that sits right on top of richmond. women, the president won 55-44. that is not as well as he did against senator mccain, but he did well enough there in henrico county and did in the area of the blue areas he needed to do

well and prince william county. then governor romney in the counties he needed to do very well in augusta is one. he got 70% of the vote, but that's not great deal more with 2,614 that not great deal more than john mccain got. in the parts of the map where governor romney needed to do very well he didn't do as well as he needed to. barack obama did well enough. >> pelley: i wonder when you look at all of the exit following information that we have, are there any constituencies, any people in the country that the president did not do well with that he had carried in 2008? >> well, it depends on the state you're talking about. he did with white voters did not two as well as he did in 2008. their calculation that was if he would not do as well, president might not do as well with white voters but that with minority voters if they represented the

same share of the total electorate as city did last tight which they did in this case that he would get -- do better with the minority voters make up for any loss with white voters. >> pelley: john, thanks very much. going to look in on the romney and obama campaign headquarters, two different tales tonight. we will do that as soon as cbs news campaign 2012 election night coverage returns in just a moment. >> pelley: welcome back to

cbs news coverage of election night in america. let's go now to the campaign headquarters of the two candidates tonight, we're going first to boston that is the --

the victory rally in chicago there on the left and as you can see a very different scene in boston tonight where the supporters of mitt romney have gathered. let's go to boston first and check in with jan crawford there. >> scott, we are hearing that the governor, governor romney after not conceding despite seeing these projections that president obama won this race will be coming out to give his concession speech shortly before 1:00 i'm also hearing from sources that he has called the president with his concession with his congratulations. >> pelley: headline of the hour that is news that we did not know, jan, thanks very much that mitt romney has called the president according to jan crawford and conceded the election. we would expect to see mitt romney come out there in boston, make a concession speech to his supporters there. and then not long after that, if

tradition holds we would ex spoke see the president. nancy cordes a at the president's victory rally in chicago, have you also heard that the president has received -- has received a call from mitt romney? >> not yet, scott. i've been in touch with white house officials every couple of minutes asking that question. ip fact one wrote back to see said, no, president just in his suite at the fair mount hotel with family and friends and close staff. but may be that call a few minutes ago that virginia was going to end up in the president's column that made the difference for the romney campaign. in fact here at the victory party, scott, when you made that projection this crowd just went crazy. they see the big screens, you can see them behind me, they know when important projections like that are made. they understand that if the governor was holding out to see what hopped in ohio that projection in virginia basically

made ohio more or less irrelevant he still couldn't get to the 370 he needed even if his fate changed in ohio. the president will make about a ten minute motorcades over here to mccormick place after governor romney has spoken. a very simple event. he's going to come take the stage with his family and declare victory. >> pelley: thank you very much. headline of the moment is the reporting of jan crawford, our jan crawford in boston is given to understand that mitt romney has made the call to president obama conceding this very hard fought election and we are expecting to see mitt romney come out to make his concession speech to his supporters in boston very shortly. we will have more cbs news coverage of this unfolding election night in america in just a moment. people really love sna >> pelleyg

states that we were watching tonight very closely was the state of colorado. which was once a very reliably republican state. but has become a swing state in recent years, here is the tabulated vote in colorado. cbs news projected some time ago that colorado would go the president's way. and as you see the tabulated vote there 76% of the vote in the president does have a lead there in colorado. as the votes continue to be counted. john is the governor of colorado. democratic governor of colorado thanks for much for joining us tonight. appreciate you being with us. tell me, how did president obama find victory in colorado which until not too long ago was as we say a very reliably republican state? >> a lot of people have moved here over the mast decade or two, also the president was

remarkable in connecting with young people, with women, with latinos, african americans obviously, he created a network all over the state of volunteers that were reaching out and really helped to get the vote out in a remarkable way. >> pelley: now 21% of the voters in colorado are hispanic that's a very different demographic than the state has had in the past. governor, i want to ask you about something else that was on the ballot in colorado this was initiative to make marijuana legal in your state for recreational use. and it has passed tonight. i wonder how you see that affecting the state of colorado? >> you know, it's a little bit -- a big battle -- i looked at governor romney and president obama like one of those early 20th century, 1900 prize fighters where they punch each other until they fell. staple thing with the marijuana.

lot of strong arguments on both sides but still against federal law. may be able to decriminalize or make legal as what the voters would like. clearly the voters spoke. >> pelley: governor, were you in favor of the legalization of marijuana in your state? >> no, i was against it. i heard both sides of the argument and obviously majority said it should be treated more like alcohol and not -- not love onerous burden of legal burden on it. i think it's ultimately a challenge to figure out if federal government has it illegal how do we decide, can't legalize how decriminalize it get as close as we can. it's not immediately apparent. >> pelley: governor with a number of thorny issues on your hand there in the state of colorado. thank you very much for being here. >> the challenge --

>> pelley: cbs news coverage of election night 2012 will continue in just a moment. plus presents the cold truth. .

our jan crawford reporting from boston has told us that mitt boston has told us that mitt romney has made the concession call to the president and we are expecting mitt romney very shortly, this is the scene in boston where we are expecting mitt romney to make that concession speech to his supporters. jan, can you give us some indication of when the governor may be coming out and what he

might say? >> any moment, scott, he is back stage now arrived here and back stage getting miced up his aide put piece of paper, notes, i presume his concession speech on the podium so crowd now sitting here standing here waiting for the governor to come out to make these remarks. scott, i have to tell you remind you when he spoke to reporters earlier this afternoon on his campaign plane flying back here to boston from that last campaign swing in ohio and pennsylvania he was so confident he said he written out victory speech but not yet written concession speech. part of what they were looking at tonight was ohio of course but obviously governor also had to get together those remarks for tonight's consection speech. obviously a very different speech than one just few hours ago that he had planned to be giving. >> pelley: cbs news projected victory of the president probably about an hour ago. but the romney campaign has been waiting to see some of the final vote tallies coming in, particularly as jan was saying the state of ohio which is so

very close. but clearly the romney campaign has now decided to concede. and here comes governor romney now. greeting his supporters in boston. legals listen in. [ applause ] >> thank up. thank you. thank you my friends, thank you so very much. thank you. [ applause ] i have just called president obama to congratulate him on his victory. his supporters and his campaign also deserve congratulations. i wish all of them well but particularly the president, the first lady and their daughters. this is a time of great

challenges for america and i pray that the president will be successful in guiding our nation. [ applause ] i want to thank paul ryan for all that he has done for our campaign -- [ cheering and applause ] and for our country. besides my wife, anne, paul is the best choice i've ever made. [ applause ] and i trust that his intellect and his hard work and his commitment to principle will continue to contribute to the good of our nation.

sons for theirtireless work one campaign and thank their wives and children for picking up the slack as their husbands and dads have spent so many weeks away from home. [ applause ] i want to thank matt rose and dedicated campaign team he led. [ applause ] they have made an extraordinary effort not just for me but also for the country that we love. and to you here tonight and to the team across the country, the volunteers, the fundraiser, the donor, surrogates, i don't believe that there's ever been an effort in our party that can compare with what you have done over these past years. thank you so very much. [ applause ]

thanks for all the hours of work for the calls, for the speeches and appearances. for the resources and for the prayers, you gave deeply from yourselves and performed magnificently and you inspired us and you humbled us. you've been the very best we could have imagined. the nation as you know is at a critical point, at a time like this we can't risk partisan bickering and political posturing, our leaders have to reach accost cross the aisle to do the permeates work, we citizens also have to rise to the occasion. we look to our teachers, professors, we count on you not just to teach but inspire our children with a packs for learning and discovery. look to our pastors and priest and rabbis and counselors of all kinds to testify of the enduring principles. honesty, charity integrity and family. we look to our parents from the final analysis every depends on the success streets of our

homes. we look to job creators of all kinds, we're counting on you to invest, to hire, to step forward. we look to democrats and republicans and government at tall levels to put the people before the politics, i believe in america. i believe in the people of america. [ applause ] and i ran for office because i'm concerned about america. this election is over, but our principles endure, i believe that the principles upon which this nation was founded are the only sure guide to resurgent economy and to a new greatness. like so many of you, paul and i

have left everything on the field, we have given our all to this campaign -- [ applause ] campaign. [cheers and applause] i so wish, i so wish that i had been able to fulfill your hopes to lead the country in a different direction, but the nation chose another leader and so anne and i join with you to earnestly pray for him and for this great nation. thank, and god bless america. we got to do our best. thank you so much. thank you. [applause]ñ3 (cheers and applause) thank you! thank you, guys. >> woodruff: with a gracious tone, governor romney said -- and here comes his wife ann and there is congressman paul ryan with vice presidential nominee and his wife jenna, what we heard governor romney say, he praised prays that president obama will be -- he prays that the president will be successful

in guiding our nation. he thanked everybody in his campaign. he did go on to say "i ran for president because i'm concerned about america and i'm concerned that our founding principles are not being respected." so, gwen he made the point there at the end. this is something he still believes. >> there is no question, judy, that it's tougher to give this kind of speech: short, sweet, to say "we have left everything on the field." a lot tougher than it is to give a big campaign speech. in all of his rallies we've heard music booming, seen rock stars, we have seen everything you can see. now we see him hugging his sons, all five of them and their wives in succession. we saw one of[applause]

and as they walk off the stage mitt romney said america has chosen another leader. and in the electoral vote count that is absolutely true but let us show you the popular vote count as it stands right now at this very moment and you can see that both mitt romney and president obama are in almost an exact numerical tie. the president has moved ahead in the popular vote just a little bit. of course it is not the popular vote that matters, it is the electoral vote and the president has a commanding lead in the electoral vote. let's have a look at the presidential vote now as it stands right now. there's only one state outstanding at this point and that is the state of florida. president obama with 303 electoral votes, mitt romney with 206. and as you know, it takes 270 to

win. so not even carrying florida will get mitt romney nearly to the total that he would have needed to become the 45th president of the united states. now, we have a scene in chicago that is very different. that is the mccormick place scene where thousands of supporters of the president have filled the hall, and they are waiting for president obama to come out examine make his and my speech which we are expecting shortly. we received a still photograph from the white house official photographer. this is a picture of the president and the vice president joe biden greeting each other at the point that they had realized that they had won re-election. there you see mrs. obama and dr. jill biden also congratulating one another. this was the scene not apparently from this photograph, a scene of jubilation but it looks much more like a scene of

relief after this very hard-fought campaign. let's go back to mccormick place and have a look at the president's supporters who have gathered there, certainly many thousands of them. and nancy cordes is our correspondent there, and nancy, what are we expecting from the president? >> well scott, we get a little taste of what the president's going to say in an e-mail that he sent a short time ago to supporters after he crossed the 270 votes, electoral vote flesh hold. he said friends i'm about to go speak to the friends here in chicago but i wanted to thank first. i wanted you to know this wasn't fate, it wasn't an accident you made this happen. you organized yourselves block by block. you took ownership of this campaign $5 and $so a $10 at a . when it wasn't easy you pressed forward. it's pretty heart warming here a few minutes ago as governor

romney was giving his concession speech. the crowd here of course is not rooting for him they were righting for the president but they applauded heartily right along with the crowd in boston. there were a few boo but they were drowned out by people who chaired, they were happy the collection process worked as it should. it appears to come off without a hitch but of course very relieved it came out with the outcome they look for. >> pelley: a very gracious concession speech we just hurt in boston from mitt romney. and bob schieffer, nora o'donnell, as we continue to look on the scene here in mccormick place and wait for the president's arrival, things are going to have to be very different these next four years, to move this country forward. i think the president would agree with that assessment as well. >> i remain to be convinced that they can be different. i think it's going to be extremely difficult. i remember rahm emanuel told me,

three our four weeks ago he said look, i said how is the president if he is re-elected going to break the grid lock and he said well elections have an impact. elections change things. so will the impact of this election cause washington to sort of restart and have a restart relations between the whitehouse and the congress. i remain to be convinced, i mean because the popular vote is so close. i don't see the president having any mandate here. he was re-elected, but was it because his programs were endorsed? i don't think so. i think the country remain just as divided as it was in the beginning. i hope i'm wrong about that. i hope we can find a way. we have to do something about fixing the deficit and finding moreover revenues along the government but right now i don't see that pass.

>> the president tonight in this speech i'm told is not only going to thank his supporters, but also talk about what he wants to do for the country in the next four years. he has said in interviews that not only they're the challenges ahead but he talked about immigration, something that was unfulfilled in his first term. i don't know that he's going to mention that tonight, probably not but that's something his advisors have said is certainly on the plate. and then the further reenactment of the president's healthcare law which was wildly unpopular, led republicans to take control in 2010 of the house and now a lot of that gets implemented in 2014. so we'll see there but for now, this is a moment for any president of any party when you are able to get a second term in office to sort of take that in and talk about what you're going to do in the next four years. >> pelley: the crowd there in chicago being warmed up by a film of the president and we would expect the president to walk out very shortly.

certainly a terrific crowd. while we're watching this scene and waiting for the president, let's go to anthony mason for just a moment whose been tabulating our exit polls across the country and listening to what voters have been telling us. anthony. >> scott one of the thing that was kind of interesting in our exit poll numbers is it looks like the president's supporters were a little more enthusiastic today. 70% of obama supporters told us they strongly favored their candidate, 20% you see had reservations. 8% said they disliked the other. take a look at mitt romney's numbers now. they weren't quite as strong. his supporters 06% said they strongly favor him and 28 said they had reservations and 10% said they disliked the other. the thing that's kind of interesting here you look at these dislike numbers when you consider all the negative advertising that was fired by both campaigns at the other, basically what the supporters told us was they weren't motivated by the dislike of the other kame candidate it was aboe candidate they went to the poll

to vote for. >> pelley: our political news director as we watch the president's rally in chicago, let me bring you in. what did you see in the exit poll that struck you. >> we're talking here about the president and what he faces going forward. i mean these ran on binding up the nation in 2008. he now has that central task half of the voters will be unhappy with his outcome. in terms of whether this is a mandate for the president's policies, one number really struck me that when people were asked who had the vision for the future is something the romney campaign pressed very hard against the president, that he had no plans for the future. when people were asked that question, 55% said that governor romney had a plan for the future, 43 said the president obama did. so of the two candidates the people were looking for a vision for the future went with governor romney and that's part of what the president's challenge is take that portion of the country didn't vote for him and convince them that he

has some kind of future worth getting behind. >> pelley: john, thanks very much. we are told that the president has not left his hotel yet. he's staying in hotel that's just a few minutes drive away from mccormick place. he has not left the hotel yet but will be leaving soon. we're going to take advantage of this moment to stay way for just a moment. our cbs news coverage of election night and the president's victory speech will be coming up in just a few minutes. >> pelley: if you're just

inning us, president obama has won re-election to another term in the whitehouse and he is now enroute from his hotel to a victory rally at mccourtroomic place in chicago and we will cut to misremarks th -- his remarks.

mitt romney delivered his concession speech a few minutes ago. bob schieffer you have a statement from the speaker of the house republican john baron who he is going to -- john boehner who he is going to have to do business with to move the country forth. >> mr. boehner issued this statement. the american people re-elected the president and elected our majority of the house. if there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs. he goes on to congratulate the president. this is where it's going to be. i mean, what is the president going to do to break this grid lock that's been going on in washington. will this election really change things there. >> pelley: nora, speaker boehner seems to be saying congratulations mr. president, but don't forget, we won too. >> yes. i mean a mandate for common ground. that means we've got to meet in the middle.

so each side will have to give presumably but boehner earlier this week said he's not willing to give on the issue of taxes which has always been kind of the main sticking point between these two sides. so we'll see what happens between the two of them. they have a lot of challenges facing this country. it's not just the expiration of the bush tax cuts which will face everybody it's also the fiscal clip, defense cuts but also the future of medicare and social security. >> pelley: we'll show you pan edition of one of the newspapers in ohio tonight. this is the front main of the columbus dispatch obama wins with ohio. it was ohio that put the president over the top in the 270 electoral votes needed to win the whitehouse. and dean reynolds has been spending a lot of time in ohio for us covering that state because we knew it would very likely be the state to tip the balance and sure enough it was. dean. >> scott you know the thing that we noticed here when we got

here, it seems like five, six weeks ago is the size of the obama footprint in this state. i mean it just dwarfs gone romney -- governor romney's efforts. there was 130 field offices and a lot of them have been here for four years. there were countless staffers, paid as well as volunteers versus about 40 offices for the governor. and he had to share those with the republican national committee regularly. i saw those ads that you folks were talking about earlier this evening, and they were devastating going right after governor romney's record at bain capital. i also kept hearing about the bailout from workers in ohio who were very high on that because one out of every eight jobs in ohio is connected to the auto industry bailout.

finally, you know, i kept running into the president frankly. he made 22 visits to this state this year. i came here a lot but he stayed with me stride for stride. >> pelley: dean thanks very much. nancy cordes is in there with the rest of the crowd at mccormick place waiting for the pre's arrival. nancy. >> good evening, scott. the vice president got a bit of a head start on the president so they are both heading this way. and this crowd as you can see jib-bootie lentjubilant cheering their flags. when you were interviewing axelrod and everybody behind them was putting on their hats and heading out the door, they were all heading here to mccormick place and are now on the stage awaiting the

president. steve was talking about ohio and how he kept running into the president. we felt like we lived in ohio. the president held 101 campaign rallies this campaign season. 26 of them, more than a quarter of them were in ohio. he was due a rally in ohio to the whitehouse and come right back the next day. vice president biden made one stop today after voting and it was to ohio. this was their path to the presidency. they said it from the beginning. and it makes a big difference when you got a campaign apparatus that's been around for five years as opposed to governor romney who just never had that kind of time. he clinched the nomination in late spring early summer and he had to start essentially from scratch. there was just no way that he could build the kind of far reaching campaign apparatus really getting into the community the way the president did.

>> pelley: the president has won a decisive victory in the electoral college tonight with more than 300 electoral votes to his credit. more than the 270 necessary. and that is the only count that matters. but let us show you the popular vote. it is very nearly tied. the president is now with a slender lead in the popular vote. and some of the western states that went for the president continue to count their ballots. we may see the president's margin increase but it does go to show just how close this race was. not in the electoral college but in the popular vote, a very close race indeed. nearly tied at this point. these numbers won't be finalized probably for days as the last votes are counted and provisional ballots are counted in the days and even weeks ahead. but certainly a very close and

divided electorate tonight. only one state remains undecided tonight, and that is the state of florida. cbs news cannot make a projection in the state of florida because we just do not have enough information yet. that is the tabulated vote. the votes that's been counted in florida. 92% of the vote in and there you see the president with a slnder lead in florida. but the outcome of florida is academic. it will not change the result that the president has won re-election to another term. yes, nora, come in. >> do we want to put the screen back up. we're only at 100 million votes there if i'm correct. it was 131, the popular national popular vote, there was 131 million in 2008 and will probably exceed that number. so i think there's still a number of votes to come in. >> pelley: quite a number to be counted yet. >> could i just say one more time, no republican has ever won the whitehouse without winning ohio. >> pelley: and so it is

tonight as well. and it all came to turn out. it did all come to turn out. it was as the politicians and the political operatives like to call it, the ground game that mattered. getting people out of their houses and down to the school house to vote. mccormick place is hopping. we were told just a few minutes ago that the president left his hotel. it's a very short drive from the hotel to mccormick place, so we might presume that the president has already arrived. he'll want to hook up with vice president biden before they come out and speak to the crowd but we will be expecting that any moment now. it's about 20, 30 minutes ago that mitt romney stepped out before a somber audience in boston and made a very gracious concession speech to that group and said that he wished the president well and that he prayed that the president would

lead america to a birthday. >> you know scott, you have to sort of admire both of these men. i mean or anyone who would be willing to put themselves through what is required to run for president. in this day and time. it's a hard, hard thing. i was just watching governor romney with his family up there on the stage, how difficult. it's never fun to lose anything whether it's a baseball game or a football game, but for circumstance years he's been running for this office and twice has failed. and that's, you have to kind of admire someone for doing something like that. >> pelley: he was trying to achieve what his father was unable to achieve in 1968. governor george romney actually didn't win the nomination in 68. and so he at least achieved that much. he was able to win the

republican nomination but not the whitehouse. john dickerson has been following all of the exit poll data for us tonight and showing us various paths to victory that each man had earlier this evening. john how does this outcome strike you at this hour. >> well, it's striking scott in the end the number of electoral votes the president was seen very close in the polls but in the end when you look at the electoral votes it's not close but all the individual states fell his way. in the end it was a fria triumpf his organization and being able to have, just know the mechanics of how to campaign. the commi exit polls there's nog to suggest there's -- it's something when he won in 2008 he came out after a campaign that had soared so high and had really lifted people. he gave a very earth bound speech recognizing what he was walking into was a very tough situation and that he needed to

show that he was already on the case, that he wasn't going to set expectations too high. he faces a tough situation tonight. he faces half the country or half the voters who are unhappy with the outcome and this will be his first effort to kind of bind things up. and this is the president who he teaches about race and violence in america has done well at moments where people need to be brought together. that certainly didn't happen during the campaign. now he gets a shot at doing it afresh now with this outcome. >> pelley: the president in 2008 had a mandate and he had the house o house of representad the senate in dramatic hands. he starts his second term which is a very different situation. we essentially spent $billion for all of these races with the house the senate and the presidency and we ended up pretty much where we were before the $6 billion was spent. the house will remain in the hands of the republican

majority. the senate will remain in the hands of the democratic majority. and president obama will remain in the whitehouse. >> we're continuing to look at some of the exit poll data as it comes in in the shape of electorate changes. we see barack obama won the hispanic vote by 71%. mitt romney got 27% of the hispanic vote. that's down from john mccain who was under performing among hispanics. george w. bush got 40% of the hispanic vote. this is a warning sign for the republican party. >> pelley: and there were four million more hispanics registered to vote this election cycle than in 2008. that is a clear theme of the changing american electorate that hispanics have really really grown. >> as when john kerry lost in 2004 and john mccain lost in 2008 and mitt romney lost, all of these presidential campaigns,

the autopsy is done about what went wrong and the big part of the autopsy of the romney campaign will be about his failure to support hispanic voters and how the next republican candidate if they want to win the presidency will have to do better among hispanics. >> pelley: it's also likely that the next congress, the congress that got elected tonight will have more hispanics in it than ever before, we'll have a new historic high for the number of hispanics. >> i believe in fact, i believe this will be the first congress where the majority were not black. >> in the democratic congress. >> in the democratic congress. >> the majority of the democratic congress is made up of women and minorities. that will be the first time so it will be a different look for the democrats in the house of representatives. >> pelley: a different time and a new america that the republican party needs to make a connection to possibly. >> well i don't think they can exist unless they can find some way to find a way to appeal to women and to appeal to

hispanics. look what's happening in texas. >> exactly. >> the reddest of the red states. it's not going to be that way for very much longer. >> and arizona another state that has some hispanics it could turn democrats unless republicans find a way to appeal to hispanics in that state. just like nevada. the republican state until there was this large growth of hispanics. >> pelley: we're told that the president's motorcade has arrived at mccormick place and we presume that the president is back stage preparing his remarks. >> he may not have written a big speech. >> pelley: speech in hand, he may be going over it before he steps out. we expect him any moment and nancy cordes is at mccormick place for us tonight. nancy. >> scott we know the president has arrived because we started to see some of his senior staffers piled in. we saw whitehouse chief of

staff, we saw his press secretary and we saw some of the president's friends dating back to high school who have been with him on this final leg of his final campaign just keeping him company, trying to keep it real for him as he flies from rally to rally while also trying to do his day job as president of the united states. so i spotted mike ramos, a good friend of his from punaho high school in ey hawaii. other buddies as well whose joined the president for a pick up basketball game today which involved scotty pippen, the basketball hall of famer was there, arne duncan, the secretary of education, other aides, reggie love and former body man, sort of like the old gang getting back together to celebrate. and whitehouse aides told me over the past few days that the president appeared increasingly

relaxed because he knew that he was coming to the end of his very last campaign. no matter whether he won or lost, he was never going to have to go through this again. and we saw it on the stump as well, you know, had been rushing through his campaign speech and then over the last couple of days, he just slowed down. he was lean on the podium talking with the voters who had come to hear him. and he really seemed to visibly relax and just trying to take it all n we were in des moines iowa late last night for his final rally. he spoke very personally about opening up his first campaign office in des moines five years ago when he was running for the iowa caucus. and we talked about how his volunteers had to wear hats and gloves in the campaign office because it had no heat. and that he would go door to door and people didn't know how to pronounce his name. and then eventually he went on to win the iowa caucuses and of

course that prepared him for the presidency. at the end of that speech last night tears started running down his cheeks and we couldn't tell because he was emotional, couldn't believe he had finally got i to the end of this gruel is run or because it was freezing cold outside, it was in the 30's. but regardless, there was a lot of emotion on his face, a lot of emotion on the first lady's face who had come to join him on this final leg. she has been campaigning relent lotionly as well, often apart from her husband. she goes to one state, he goes to another. they were reunited and flew here to chicago over night together. there have been several nights the past few weeks where they have been flying over night sleeping on air force one just to get from one rally to the next. >> pelley: it was just about five weeks ago after that first debate in denver that people began to ask how much the president wanted to be re-elected, how much he was

committed to the race. but after that if you'll pardon the phrase near death experience politically speaking, at that first debated in denver the president became reenergized and certainly proven himself into the campaign. at the moment that he really saw that he could lose it, he seemed to want it all the more. the president we understand is in place back stage. we're waiting for him to step out here any moment now. we got a photograph from the official photographer at the whitehouse a little bit earlier today. this was a picture of the president at the moment that he learned that he would be re-elected. it's a picture of the president at his hotel. he met with joe biden there and you see michelle obama and dr. jill biden greeting each other as well. what struck most of us in the news room about this picture was this really doesn't seem to be a scene of jubilation.

it seems to be a scene of relief, heavy sigh, if you will, felt in that room at the moment that the president understood he had won four more years at the whitehouse. let's go back to mccormick place as we are with the crowd there waiting for the president to step out. bob. >> well, you know, i've covered a lot of campaigns in my time and it's always more fun to be with the winner than it is with the loser. there's nothing quite as sad or as sad a places to be, to be in the campaign headquarters of the guy that lost. it's just tough on everybody. >> i think that's why you saw the whitehouse particularly chose that picture. they did not want to look like they are spiking the ball. and even gave axelrod an interview they did not want to appear they were celebrating too early and not tush sor to be sof

gracious. having fought campaigns before people know what it's like to be on the losing side. there's certainly many people on the obama campaign senior staff who have sat on the losing side of campaign. >> it's not just the family of course it's the hardest on them but you have these young volunteers, these people that is their first taste of politics. they had just had the adventure of their life and then it's all over and their side lost. and it's just, it's a very very sad place to be. on the other hand, these kids are having a great time right now. and they should because they worked hard and they're going to you know celebrate this victory. the president of course, he's going to go back to work. but they're going to have a nice party. >> pelley: byron pitts has been following the house and senate races for us tonight. byron, i'm reminded you were here with us in 2008 on election night when the president was first elected.

you've been with us at the conventions. i wonder what your reflections are at this moment. >> scott, looking at these images from chicago, i think back to four years ago when we saw people crying, the images of oprah winfrey an, jesse jackson. you're talking earlier you're talk img this coalition, this new coalition in the democratic party. i think it says something not just to the republican party but perhaps the rest of america. i was talking earlier to mark who is the head of the urban league, he made the point of this coalition is becoming more mature. we talk about this coalition as young voters of women of minorities, african americans and hispanics. he makes a point, not only simply the republican party takes notice but perhaps the rest of america, corporate america could take some notice that america is changing. and perhaps not just the

republican party but other organizations need to look at diversity in a different bay because yo --in different way. you see from this audience they won a tough race. they are relieved of this. there seems to be an expectation of this crowd that this is the direction america is going in. there's a level of confidence you see in this crowd in chicago that four years ago was just excitement that they won. the second time it happens people think okay we're on to something here. >> byron makes an excellent point because the polls show in fact the minority vote was 28% of the electorate. it was 26% in 2008, it was just 19% in 2000 so there has been a rapid growth and change in terms of increase minority vote as part of the electorate. now a third of the electorate. if you want to win in politics you have to win part of the minority vote. >> pelley: and the campaign

has given us a head's up to tell us that the president will be stepg out ostepping out on the e in less than a minute we are given to understand that sometimes these thing are a little bit flexible in reality. but they had told us that the president's appearance before this crowd in mccormick place in chicago is imminent and we will be hearing his victory speech. the last victory speech he will give as a politician after the last campaign he will ever conduct. the president will be inaugurated according to the constitution on january 20th. [crowd cheering] >> pelley: and here is the president and the first lady and their daughters mali awe and

sasha. let's listen in to this moment. [crowd cheering] ♪ oh baby ♪ here i am signed sealed delivered ♪ i'm yours.

♪ [crowd cheering] ♪ here i am baby, signed sealed differed ♪ i'm yours ♪ here i am baby, signed sealed

delivered, i'm yours ♪ [crowd cheering] four more years. four more years. four more years. four more years. >> thank you. thank you. thank you so much. tonight, more than 200 years after a former colony won the right to determine its own destiny. the task of perfecting our union moves forward. [crowd cheering]

it moves forward because of you. it moves forward because you reaffirmed the spirit that has triumphed over war and depression. the spirit that has lifted this country from the department depf despair to the great heights of hope. the belief that while each of us will pursue our own individual dreams. we are an american family and we rise or fall together as one nation and as one people. [crowd cheering] tonight, in this election, you, the american people reminded us that while our world has been hard, while our journey has been

long, we have picked ourselves up. we have fought our way back. and we know in our hearts that for the united states of america, the best is yet to come. [crowd cheering] i want to thank every american who participated in this election. [crowd cheering] whether you voted for the very first time, or waited in line for a very long time. by the way, we have to fix that. [crowd cheering] flower whether you pounded the pavement or picked up the phone. [crowd cheering]

whether you held an obama sign or a romney sign, you made your voice heard. and you made a difference. i just spoke with governor romney and i congratulated him and paul ryan on a hard fought campaign. [crowd cheering] we may have battled fiercely but it's only because we love this country deeply. and we care so strongly about its future. to their son mitt, the romney has chosen to give back the american public service and that's the legacy that we honor and applaud tonight. [crowd cheering] in the weeks ahead i also look forward to sitting down with governor romney to talk about

where we can work together to move this country forward. i want to thank my friend and partner of the last four years, america's happy warrior, the best vice president anybody could ever hope for, joe biden. [crowd cheering] i wouldn't be the man i am today without the woman who agreed to marry me 20 years ago. [crowd cheering] let me say this publicly, michelle, i have never loved you more. i have never been prouder to watch the rest of america fall in love with you too as our

nation's first lady. [crowd cheering] sasha and malia, before our very eyes, you're growing up to become two strong smart beautiful young women just like your mom. [crowd cheering] and i'm so proud of you guys. but i will say that for now one dog's probably enough. [laughter] to the best campaign team and volunteers in the history of politics. [crowd cheering] the best ever.

[crowd cheering] some of you were new this time around and some of you have been at my side since the very beginning. [crowd cheering] but all of you are family. no matter what you do or where you go from here, you will carry the memory of the history we made together. and you will have the life long appreciate information of a grateful president -- appreciate appreciation of a grateful president. through every valley, you lifted me up the whole way and i will always be grateful for everything that you've done and all the incredible work that you've put in. [crowd cheering]

i know that political campaigns can sometimes seem small, even silly. and that provides plenty of fire for the cynics who tell us that politics is nothing more than a contest of egos. or the domain of special interests. but if you ever get a chance to talk to folks who turned out at rallies and crowded along the rope line in high school gym or saw folks working late at the campaign office in some tiny county far away from home, you'll discover something else. you'll hear of the determination in the voice of a young field organizer who is working his way through college and wants to make sure every child has that same opportunity. [crowd cheering]

you'll hear the pride in the voice of a volunteer going door to door because her brother was finally hired when the local auto plant added another shift. [crowd cheering] you'll hear the deep patriotism in the voice of a military working the phones late at night to make sure that no one who title for thifights for this cos to fight for a job or roof over their heads when they come home. [crowd cheering] let's why we do this. that's what politics can be. that's why elections matter. it's not small, it's big. it's important. the monetarist nation of 300 million can be noisy and messy

and complicated. we have our own opinions. each of us has deeply held beliefs. and when we go through tough times, when we make big decisions of a country, it necessarily stirs passions, stirs up controversy. that won't change after tonight. and it shouldn't. these arguments we have are a mark of our liberty. we can never forget that as we speak, people in distant nations are risking their lives right now just for a chance to argue. about the issues that matter. the chance to cast their ballots like we did today. [crowd cheering] but despite all our differences,

most of us share certain hopes for america's future. we want our kids to grow up in a country where they have access to the best schools and the best teachers. [crowd cheering] a country that lives up to its legacy as the global leader in technology and discovery and innovation, with all the good jobs and new businesses that follow. we want our children to live in america that isn't burdened by debt, that isn't weakened by inequality, that isn't threat upped by the destructive power of a warming climate. [crowd cheering] we want to pass on a country that's safe and respected and admired around the world. a nation that is defended by the strongest military on earth and the best troops this world has ever known.

[crowd cheering] but also a country that moves with confidence beyond this time of war, to shape a piece that is built on the promise of freedom and dignity for every human being. we believe in a generous amount, in a compassionate america, in a tolerant america, open to the dreams of an immigrant daughter who studies in our schools and pledges to our flag. [crowd cheering] to be the boy on the south side of chicago to sees the light beyond the nearest street corner. [crowd cheering] to the child in north carolina who wants to become a doctor, scientist, engineer or an entrepreneur, a diplomate or

even a president, that's the future we hope for. that's the vision we share. [crowd cheering] that's where we need to go. forward. [crowd cheering] that's where we need to go. now we will disagree. sometimes fiercely about how to get there. as it has for more than two centuries, progress will come in fits and starts. it's not always a straight line, it's not always a smooth past. by itself the, anything that we have common hopes and dreams won't end all the grid lock or solve all our problems or substitute for the painstaking work of building consensus. and making the difficult compromises needed to move this country forward. that common bond is where we

must begin. our economy is recovering. a decade of war is ending. a long campaign is now over. [crowd cheering] and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. and with your stories and your struggles, i return to the whitehouse more determined and more inspired than ever about the work i need to do and the future we have. [crowd cheering] tonight you voted for action, not politics as usual. you elected us to focus on your

jobs, not ours. and in the coming weeks and months, i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing our deficit, performing our tax code, fixing our immigration system, freeing ourselves from foreign oil. we got more work to do. [crowd cheering] but that doesn't mean your work is done. the role of citizen in our democracy does not end with your vote. america's never been about what can be done for us it's about what can be done by us together through the hard and frustrating but necessary work of self government. that's the principle we were founded on.

this country has more wealth than any nation. but that's not what makes us rich. we have the most powerful military in history but that's not what makes us strong. our university, our culture, the an very of the world but that's not what keeps the world coming to our shores. what makes america exceptio excl are the bonds that hold together the motion diverse nation on earth. the belief that our destiny is shared. that this country only works when we accept certain obligations to one another and to future generations, the freedom which so many americans have fought for and died for comes with responsibility as well as rights. and among those are love and charity and beauty and patriotism. that's what makes america great. [crowd cheering]

i am hopeful tonight because i have seen the spirit of work in america. i've seen it in the family business whose owners would rather cut their own pay than lay out their neighbors. the workers would rather cut back their hours than see a friend lose a job. i've seen it in the soldiers who reenlist after losing a limb. and in those fields whose charged up the stairs in the darkness and danger because they knew there was a buddy behind them watching their backs. [crowd cheering] i see it on the shores of new jersey and new york where leaders from every party and level of government these swept aside their differences to help

a community rebuild from the wreckage of a terrible storm. [crowd cheering] and i saw just the other day, in ohio where a father told the story of his eight year old daughter whose long battle with leukemia nearly cost their family everything. had it not been for healthcare reform passing just a few months before the insurance company was about to stop paying. [crowd cheering] i did not talk just to the father but meet this incredible daughter of his. and when he spoke to the crowd listening to that father's story, every parent in that room

had tears in their eyes. because we knew that little girl could be our own. and i know that every american wants her future to be just as bright. that's who we are. that's the country i'm so proud to lead as your president. [crowd cheering] and tonight, despite all the hardship we've been through, despite all the frustrations of washington, i've never been more hopeful about our future. [crowd cheering] i have never been more hopeful about america, and i ask you to sustain that hope. i'm not talking about blind optimism, the kind of hope that just ignores the enormity of the tasks ahead or the roadblocks

that stand in our path. i'm not talking about the wishful idealism that allows us to just sit on the sidelines or shirk from a fight. i have always believed that hope is that stubborn thing inside, despite all the evidence to the contemporary that something bettecontrary thatwe have sometp fighting. america, i believe we can build on the progress we've made and continue to fight for new jobs and new opportunities and new security for the middle class. i believe we can keep the promise 0 of the idea if you're willing to work hard it doesn't matter who you are or where you come from or what you look like or where you live it doesn't matter whether you're black or

white or hispanic or asian or native american or young or old or rich or poor, able, disabled, gay or straight, you can make it here in america if you're willing to try. [crowd cheering] i believe we can see this future together because we are not as divided as our politics suggests. we're not as si cynical as the pundits believe. we are greater than the sum of our individual ambitions and we remain more than a collection of red state and blue states. we are and forever will be the united states of america. and together with your help and god's grace we will continue our journey forward and remind the world just why it is that we live in the greatest nation on worth. thank you, america. god bless you.

but bless the unitegod bless th. [crowd cheering] >> pelley: president barack obama speaking. after re-election to another four years in the whitehouse. president's daughters sasha and malia, first lady and then there's joe biden. the vice president who the president described as america's happy warrior.